CAVA is the category-defining Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying flavors at scale. As of April 16, 2023, we own and operate 263 restaurants in 22 states and Washington, D.C.

Rooted in our rich Mediterranean heritage, we bring a timeless approach to modern wellness through our authentic cuisine and vibrant brand experience. Guided by our mission, we believe food is a unifier for a more diverse and inclusive world for our guests, Team Members, and our grower and rancher partners, where all are welcome at our table. We believe that consumers should not have to choose between taste and health – our innovative cuisine appeals to a wide variety of preferences, satisfying the modern consumer’s desires for flavorful, craveable and nutritious food without compromise.

Over the past 12 years, we have established ourselves as the only national player at scale in the fast-growing Mediterranean category, with more than twice the number of restaurants compared to our next largest competitor in the category. Our brand and our opportunity transcend the Mediterranean category to compete in the large and growing limited-service restaurant sector as well as the health and wellness food category. CAVA serves guests across gender lines, age groups, and income levels and benefits from generational tailwinds created by consumer demand for healthy living and a demographic shift towards greater ethnic diversity. We meet consumers’ desire to engage with convenient, authentic, purpose-driven brands that view food as a source of self-expression. The broad appeal of our food combined with these favorable industry trends drive our vast opportunity for continued growth.

**Note: Revenue and net loss figures are for the 12 months that ended March 31, 2023.

(Note: CAVA Group priced its IPO on June 14, 2023, at $22.00 – $2.00 above the top of its recently raised price range of $19.00 to $20.00 – on 14.44 million shares – the same number of shares as in the prospectus – to raise $317.78 million. The stock is expected to start trading Thursday on the New York Stock Exchange. Background: CAVA Group raised the price range for its IPO to $19.00 to $20.00 – up from $17.00 to $19.00 initially – and kept the number of shares at 14.44 million (14,444,444 shares) – to raise $281.67 million. The higher price range increases the size of CAVA Group’s IPO by 8.3 percent. Background: CAVA Group filed terms for its IPO in an S-1/A dated June 5, 2023: 14.44 million shares (14,444,444 shares) at $17.00 to $19.00 to raise $260 million. In that S-1/A filing on June 5, 2023, CAVA Group also disclosed cornerstone investors’ indications of interest and added three co-managers – Capital One Securities, Blaylock Van, LLC and Drexel Hamilton – to the underwriting team. Background: CAVA Group filed its S-1 on May 19, 2023. The company filed confidential IPO documents with the SEC in February 2023.)